Europe Research Roundup: Adidas, Befesa, EasyJet
19/04/2024 08:41
April 19 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Adidas, Befesa and EasyJet, on Friday.
HIGHLIGHTS
* Adidas AG ADSGn.DE : Deutsche Bank raises target price to EUR 250
from EUR 220
* Befesa SA BFSA.DE : Morgan Stanley cuts to underweight from
equal-weight
* EasyJet EZJ.L : Barclays raises target price to 740p from 700p
* London Stock Exchange Group LSEG.L : HSBC raises PT to 8800p from
8100p
* Ubisoft UBIP.PA : Deutsche Bank cuts target price to EUR 35 from EUR
38
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
* ABB Ltd ABBN.S : Citigroup raises target price to CHF 51 from CHF 42
* ABB Ltd ABBN.S : JP Morgan raises target price to CHF 38 from CHF 36
* ABB Ltd ABBN.S : RBC raises target price to CHF 45 from CHF 40
* Adidas AG ADSGn.DE : Deutsche Bank raises target price to EUR 250 from EUR 220
* AJ Bell AJBA.L : Barclays raises target price to 340p from 330p
* Aperam SA APAM.AS : Barclays cuts target price to EUR 25 from EUR 26
* ArcelorMittal SA MT.AS : Barclays cuts target price to EUR 26 from EUR 27
* Aspocomp Group OYJ ACG1V.HE : Inderes cuts to reduce from accumulate
* Aspocomp Group OYJ ACG1V.HE : Inderes cuts to target price to EUR 3.3 from EUR 3.5
* Azelis AZE.BR : Barclays cuts target price to EUR 27 from EUR 29
* Bankinter BKT.MC : Morgan Stanley raises target price to EUR 8.2 from EUR 8
* Bankinter BKT.MC : Barclays raises target price to EUR 7.8 from EUR 7.5
* Barclays BARC.L : Peel Hunt initiates coverage with buy rating ; target price 245p
* BE Semiconductor Industries NV BESI.AS : Morgan Stanley ups PT to EUR 170 from EUR 165
* Befesa SA BFSA.DE : Morgan Stanley cuts to underweight from equal-weight
* Beiersdorf BEIG.DE : HSBC raises target price to EUR 152 from EUR 151
* Brenntag SE BNRGn.DE : Barclays cuts target price to EUR 75 from EUR 76
* Bucher Industries AG BUCN.S : Berenberg cuts target price to CHF 470 from CHF 483
* Danone DANO.PA : Deutsche Bank raises target price to EUR 57 from EUR 55
* Danone DANO.PA : Stifel raises target price to EUR 72 from EUR 70
* Dassault Systemes DAST.PA : Berenberg cuts target price to EUR 37.5 from EUR 38.5
* Deutsche Telekom DTEGn.DE : Morgan Stanley raises target price to EUR 28 from EUR 27.5
* Discoverie Group Plc DSCV.L : Stifel raises target price to 975p from 950p
* DSM-Firmenich AG DSFIR.AS : Jefferies raises target price to EUR 127 from EUR 124
* EasyJet EZJ.L : Barclays raises target price to 740p from 700p
* Essilorluxottica SA ESLX.PA : Stifel raises target price to EUR 207 from EUR 203
* Evonik Industries AG EVKn.DE : Jefferies raises target price to EUR 20 from EUR 18
* Fastned BV FASTN.AS : Berenberg cuts target price to EUR 32 from EUR 37
* Groupe ADP ADP.PA : Morgan Stanley cuts target price to EUR 141 from EUR 142
* Hays HAYS.L : RBC cuts target price to 130p from 135p
* Hydrogenone Capital Growth Plc HGEN.L : Barclays cuts target price to 85p from 94p
* IMCD NV IMCD.AS : Barclays raises target price to EUR 152 from EUR 151
* Italy'S Prysmian PRY.MI : HSBC raises target price to EUR 53 from EUR 51
* J D Wetherspoon JDW.L : Barclays reinstates coverage with overweight rating
* J D Wetherspoon JDW.L : Barclays reinstates coverage with target price 875p
* Jeronimo Martins SGPS SA JMT.LS : Morgan Stanley cuts PT to EUR 22 from EUR 23.5
* Johnson Matthey JMAT.L : Barclays raises target price to 2170p from 2030p
* Kuehne+Nagel KNIN.S : Deutsche Bank cuts target price to CHF 305 from CHF 335
* Lanxess AG LXSG.DE : Berenberg cuts target price to EUR 34 from EUR 35
* LBG Media Plc LBG.L : Berenberg cuts target price to 120p from 140p
* Lloyds LLOY.L : Peel Hunt initiates coverage with hold rating ; target price 55p
* London Stock Exchange Group LSEG.L : HSBC raises target price to 8800p from 8100p
* L'Oreal OREP.PA : Barclays raises target price to EUR 480 from EUR 462
* L'Oreal OREP.PA : Citigroup raises target price to EUR 450 from EUR 430
* L'Oreal OREP.PA : Evercore ISI raises target price to EUR 450 from EUR 440
* Natwest Group Plc NWG.L : Peel Hunt initiates coverage with buy rating ; PT 330p
* Nokia Oyj NOKIA.HE : Citigroup raises target price to EUR 2.9 from EUR 2.7
* Nordea Bank Abp NDAFI.HE : Jefferies raises target price to EUR 12.6 from EUR 12.2
* Novonesis NSISb.CO : Jefferies raises target price to DKK 440 from DKK 420
* OCI NV OCI.AS : Morgan Stanley cuts target price to EUR 27.5 from EUR 28
* Outokumpu Oyj OUT1V.HE : Citigroup cuts target price to EUR 4 from EUR 4.3
* Phoenix PHNX.L : RBC raises target price to 615p from 600p
* Prosiebensat.1 PSMGn.DE : Deutsche Bank raises target price to EUR 7.5 from EUR 7
* Rheinmetall RHMG.DE : Deutsche Bank cuts to hold from buy
* Rheinmetall RHMG.DE : Deutsche Bank raises target price to EUR 510 from EUR 450
* Rightmove Plc RMV.L : Morgan Stanley cuts target price to 640p from 650p
* Robit OYJ ROBIT.HE : Inderes raises PT to EUR 1.90 from EUR 1.80; rating accumulate
* Saint-Gobain SGOB.PA : Citigroup raises target price to EUR 85 from EUR 80
* Saipem SpA SPMI.MI : Stifel cuts to hold from buy; ups PT to EUR 2.30 from EUR 2.10
* Salzgitter AG SZGG.DE : Citigroup cuts target price to EUR 25 from EUR 29
* Sandvik AB SAND.ST : Bernstein raises target price to SEK 183 from SEK 169
* Schindler Group SCHN.S : Deutsche Bank raises target price to CHF 243 from CHF 236
* SSAB AB SSABa.ST : Barclays cuts target price to SEK 72 from SEK 89
* SSAB AB SSABa.ST : Barclays cuts to equal weight from overweight
* Stora Enso Oyj STERV.HE : Morgan Stanley raises target price to EUR 12.5 from EUR 11.5
* Suess Microtec SE SMHNn.DE : Stifel raises target price to EUR 46 from EUR 39
* Suess Microtec SE SMHNn.DE : Stifel raises to buy from hold
* Symrise AG SY1G.DE : Stifel raises target price to EUR 103 from EUR 96
* Talenom OYJ TNOM.HE : Inderes cuts to accumulate from buy; target price EUR 6.3
* Technip Energies NV TE.PA : Berenberg raises target price to EUR 26.5 from EUR 26
* ThyssenKrupp TKAG.DE : Barclays cuts target price to EUR 5 from EUR 7
* Titanium OYJ TITAN.HE : Inderes cuts target price to EUR 12 from EUR 15; rating reduce
* Ubisoft UBIP.PA : Deutsche Bank cuts target price to EUR 35 from EUR 38
* UPM-Kymmene Oyj UPM.HE : Morgan Stanley raises target price to EUR 34 from EUR 32
* Verbund AG VERB.VI : Morgan Stanley cuts target price to EUR 65 from EUR 68
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))